Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin

CryptoNinjas » Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin
Uppsala Security, a provider of cybersecurity tools for crypto AML, risk management, and regulatory compliance, announced today the signing of a contract to build a ‘Virtual Asset AML’ solution for crypto exchange Coin&Coin that complies with the amendment of the Special Money Act in South Korea.
Coin & Coin is a cryptocurrency exchange based in South Korea that has introduced various security services such as KT FSCD (Financial Security Data Center) and BitGo multisig wallet and is the 13th exchange to receive official ISMS (Information Security Management System) approval before the amendment of the Special Money Act in South Korea.
Uppsala Security cited ISMS certification, KYC, the existing financial sector (legal currency) AML, and virtual asset AML as essential conditions to comply with the amendment of the Special Money Act. However, they stressed that the most important issue in complying with the FATF (Financial Action Task Force) recommendations and that the domestic Special Money Act is designated to establish a ‘Virtual Asset AML’ system in accordance with the RBA (Risk-Based Approach).
Existing financial AML refers to a series of procedures to identify users of various services through customer identity verification (KYC), comprehensively analyze whether they have committed any suspicious activities, such as Money Laundering or Terrorist Financing, and report them to the FIU (Financial Intelligence Unit).
However, since this is limited to reports of suspected transactions in legal currency (cash), it means that VASPs (virtual asset companies) need to have a separate ‘Virtual Asset AML’ system in order to comply with the revision bill of the Special Money Act. In other words, real-time monitoring of blacklisted wallet addresses involved in phishing, fraud, hacking, etc. must be continued through the virtual asset AML solution, and a virtual asset STR (suspiciou..

Crypto trading app Orion Terminal now live, offering BSC and ETH chains, staking to come

CryptoNinjas » Crypto trading app Orion Terminal now live, offering BSC and ETH chains, staking to come
Orion Terminal, a crypto trading app offering liquidity of every single crypto exchange into one decentralized platform, has now been live for five days. The Orion Terminal, which launched on March 31st offers to trade on Ethereum and Binance Smart Chain.
Since launch, the Orion team has received feedback raised by traders that it will look to address. Performance results and issues under development can be seen below.
Infrastructure In response to rapidly growing demand, the Orion team hard at work building a solid, performant, and secure foundation for users. Many conversations are happening internally about opening up parts of the Orion Terminal infrastructure for more transparency and community involvement, as it moves towards the goal to become open-source.
Volume The Orion team reports they are pleased with the volume so far (outpacing a number of established DEXs already) and will continue to work to drive more volume to the protocol in its work towards mainnet staking. On April 14th (2 weeks after trading began), Orion plans to share Terminal metrics and volume in a Terminal Performance Dashboard. Meanwhile, progress is being made with several of its B2B partners, each of which will drive volume to the Terminal.
Trading Pairs Currently, there are 33 tradable assets on the Terminal across two chains, resulting in 516 tradable pairs via complex swap. Orion will have two methods of adding new tokens to the Terminal in order to accelerate pair growth:
High Volume Assets: Orion will be adding pairs periodically based on several factors including availability, liquidity, and volume. Popular Assets: Alongside adding pairs themselves, Orion is developing an on-chain voting mechanism in order to add new pairs to the Terminal. There will be weekly voting on select assets for BSC and Ethereum. The top-voted assets on each chain will be added the following week…

Mercari vs Poshmark: Where to Resell Clothes Online

Reselling is easier to break into than ever before. With a category as robust as apparel, you can choose to resell just accessories, handbags, footwear, kid’s, men’s, or women’s clothing– or all of them! Not to mention the variety in name-brand and luxury fashion you can choose from. So with so many inventory options to resell, where do you go to resell clothes online?
You have several great platforms to choose from. For the purpose of this blog, we’re jumping right into two of the biggest apparel reselling platforms today: Mercari and Poshmark.
Why Resell Clothes Online? Retail customer returns are mounting. Tens of billions of dollars worth of inventory get returned each year, most of which can’t go back on store shelves. So what happens to these customer returns of clothing, shoes, and accessories? They get liquidated. These goods will get bundled together and auctioned off as customer return pallets on their official online marketplaces.
If you’re a registered resale business, you can buy a few parcels on sites like B-Stock Supply, or even pallets and truckloads of this merchandise on B-Stock Auctions, all deeply discounted! The better the condition of the item, the more you can sell it for. For example, new without tags will sell for slightly less than new with tags, while an item in its original packaging will fetch a higher price. You want to be sure you can still turn a profit when you break the bulk lots into individual items, so bid on those online auction lots carefully.
Once you’ve acquired liquidation inventory, you can easily list this merchandise on sites like Mercari and Poshmark for resale! Remember, you’re buying these bulk lots at pennies on the dollar, so making your money back isn’t a matter of if but when.
Reselling clothes online is profitable, easy to get started, and is always backed by consumer demand.
Mercari Basics Whether you want to declutter your home or get rid of last season’s fashion, Mercari’s C2C (customer to customer) marke..

Tether (USDt) to launch on Polkadot and Kusama

CryptoNinjas » Tether (USDt) to launch on Polkadot and Kusama
Tether, the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, announced it will launch Tether tokens (USDt) on Polkadot, a scalable multi-chain network. Before deploying on Polkadot, the first protocol that provides an environment for cross-chain composability of multiple applications and protocols, USDt will go live on the network’s cousin, the canary network Kusama.
Polkadot, one of the most anticipated protocols to launch since Ethereum, aims to solve the biggest challenges that blockchain-based platforms face today: governance, interoperability, and scalability. Kusama launched about a year before the Polkadot mainnet, to serve as a value-bearing testbed for technologies in the Polkadot ecosystem.
The launch of USDt on Polkadot is pending the formation of parachains: independent chains that can have their own tokens and be optimized for specific use cases. The aim is to ensure that when USDt is available, it will become the first-ever stablecoin on the Polkadot network. As parachains will first launch on Kusama, USDt will deploy there before becoming available on Polkadot
“We’re excited to launch USDt on Polkadot, offering its growing and vibrant community access to the most liquid, stable and trusted stablecoin in the digital token space,” said Paolo Ardoino, CTO at Tether. “Polkadot is one of the most exciting projects in the digital token ecosystem and we anticipate a ready uptake of the Tether token as it powers Polkadot’s emerging DeFi ecosystem. Polkadot, with its parachain structure, has the ability to grow significantly in the coming years. This growth will be driven by its high level of scalability.”
Polkadot and Kusama are open-source networks that were bootstrapped by the Web3 Foundation, which funds research and development teams building the stack of technologies that form the basis of the decentralized web.

Gemini to provide custody for Brazilian investment bank’s bitcoin fund

CryptoNinjas » Gemini to provide custody for Brazilian investment bank’s bitcoin fund
Bitcoin & cryptocurrency exchange company Gemini, has announced it will serve as custodian and trade execution partner for BTG Pactual’s Bitcoin 20 Multi-Market Investment Fund; the first bitcoin fund launched by a Brazilian investment bank.
Gemini provides cryptocurrency services and infrastructure to a growing number of fund managers and financial institutions across the world through Gemini Custody, Gemini Fund Solutions, and custom integrations with registered investment advisors and FinTech platforms.
“As we continue to expand our institutional fund offerings, we are thrilled to provide BTG Pactual, the largest investment bank in Latin America, with secure and compliant access to bitcoin. The fund will invest 20% of its assets under management in bitcoin and is the first of a variety of cryptocurrency products BTG Pactual plans to release.”
– The Gemini Team
CryptoNinjas » Gemini to provide custody for Brazilian investment bank’s bitcoin fund

DeFi yield optimization app ETHA Lend gets security audit report from Certik

CryptoNinjas » DeFi yield optimization app ETHA Lend gets security audit report from Certik
ETHA Lend, an interoperable protocol that provides algorithmically optimal yield in DeFi, today updated on its inspection by Certik, a blockchain security auditor. The primary purpose of the security audit was to ensure the curation of a secure protocol ecosystem for the ETHA Lend community; allowing them to enjoy ETHA Lend with peace of mind.
“We understand that the safety of our user’s assets is paramount. Hence, as part of our security measures, we engaged Certik as our main auditor. Moreover, we have noticed that a lot of our community members were curious about the security audit report. Following that, we are pleased to share with you the updates on the same. We hope the audit reinforces the fact that our users can interact with ETHA Lend’s smart contracts with much confidence. Once the complete report is released, we shall share more details on the same.”
– The ETHA Lend Team
Summary of the results of the ongoing security assessment:
The objective of the audit was to discover vulnerabilities and issues in the source code as well as any contract dependencies that were not a part of an officially recognized library. Certik’s entourage of security experts reviewed and analyzed the following domains:
Potential issues and vulnerabilities Solidity implementations and architecture Comprehensive analysis of contract logic Assessment of codebase and manual review There were some informational and minor recommendations by Certik that the ETHA Lend team heeded, and the necessary implementations were made. Still, ETHA Lend’s smart contract was found to be aligned well with the industry standards.
To view the security audit report from Certik, click here.
CryptoNinjas » DeFi yield optimization app ETHA Lend gets security audit report from Certik

BitShares blockchain platform to launch NFT network

CryptoNinjas » BitShares blockchain platform to launch NFT network
BitShares, the first DPoS blockchain with self-governance, announced that it will launch NFTs this month. NFTs are another marker of how flexible the BitShares platform core actually is in terms of use-cases on the blockchain. This is also a great boost all-around to the kind of new innovation the BitShares community has been patiently waiting for.
The BitShares blockchain is also formalizing an NFT offering. BitShares NFTs will come with minimal change to the core software. BitShares will soon enable its users to implement this new class of asset.
“BitShares has always had the Token Factory; enabling mostly what we require for the NFTs as well. They are, sorta just another flavor of ‘User Issued Asset’ (UIA). Further development is however in need of funding to get the project fully complete; and delivered as a profitable offering to the general public. More details to follow, however, what is also coming is the option for BitShares holders to place their funds in a development stake-machine; that will both fund development whilst providing generous benefactors with a return at the same time. It’s a win-win for funding dev, and making tech investment available to those wishing to further use it for business purpose.”
– The BitShares Team
CryptoNinjas » BitShares blockchain platform to launch NFT network

Morphis Software now standard on General Bytes bitcoin (BTC) ATM machines

CryptoNinjas » Morphis Software now standard on General Bytes bitcoin (BTC) ATM machines
Morphis, a supplier of payment systems and currency supply chain management software, and bitcoin/crypto ATM manufacturing company General Bytes have come together in a partnership of software and hardware. Now operators of General Bytes machines can take advantage of the Morphis integration rather than building their own server/platform to track all the transaction data.
By integrating the Morphis API, General Bytes now provides an opportunity for bitcoin ATM (BATM) operators to focus on their business and take advantage of the built-in Morphis integration which feeds into the Morphis Crypto Kiosk Manager solution.
According to Morphis President and CTO, Alif Rahman, “Morphis, is continually developing solutions to help businesses track and manage their cash and General Bytes is creating next-generation bitcoin ATMs with easy access for operators. The collaboration is timely as BATM operators are placing their machines in more locations each day.”
CryptoNinjas » Morphis Software now standard on General Bytes bitcoin (BTC) ATM machines

ICON blockchain core developers add integration with Polkadot ecosystem

CryptoNinjas » ICON blockchain core developers add integration with Polkadot ecosystem
BTP (Blockchain Transmission Protocol) Working Group, a team of ICON core members and third-party developers working towards true blockchain interoperability, has announced its first integrations of BTP into the Polkadot ecosystem. Acala, Moonbeam, Edgeware, and Plasm, four of the top parachain candidates in the Polkadot ecosystem, will be integrated into ICON’s BTP interoperability solution, enabling developers to build complex applications tapping into different blockchain infrastructures.
Even though blockchain technology has come a long way, blockchain solutions are still limited in that they need intermediaries or third parties to communicate with other networks. As most blockchain infrastructures depend on other centralized systems to communicate with other chains, achieving the core goal of decentralization becomes impossible.
Polkadot, ICON, and its BTP working group are building an interoperability solution for fully decentralized cross-chain applications, creating a future for developers and network participants to communicate and explore opportunities on interconnected networks and their ecosystems.
“ICON is excited to collaborate with Polkadot as we have similar ideals of a cross-chain world and a community of communities,” said Scott Smiley, Director of Strategy for the ICON Project. “The unique aspect of these integrations is the trustless security achieved through cryptography rather than other comparable technologies relying on trusted 3rd parties. The possibilities of this technology are limitless, but initially, we’ll focus on token transfer capabilities for cross-chain DeFi solutions.”
ICON Integration The integrations of EVM-compatible DeFi ecosystem, Acala; Ethereum compatibility across DeFi, NFT, and gaming spaces, Moonbeam; decentralized community governance Edgeware; and Layer-2 solution and Dapp hub Plasm, allow the applications of all four parachains..

Sell More Excess Apparel: How B-Stock Helps Your Inventory Move Faster

You have a warehouse full of bulk apparel to unload and aren’t sure how to go about it. Whether it’s last season’s fashions, returned merchandise, or colors and sizes that just don’t move, you need it out fast — and for the best return possible.
Sure, you could throw these items in a clearance bin and hope they move, but that could devalue your brand and will likely take a long time to resolve. You could just dump the clothing, resigning it to a landfill somewhere, but that’s not good for the environment and doesn’t give you any return on your investment. What’s a retailer to do?
Time to Liquidate Your Bulk Apparel Online liquidation auctions are the perfect answer to this conundrum. It’s an efficient way to unload excess bulk apparel inventory into the secondary market. You upload a manifest, set a starting bid, and let buyers compete for your unsellable inventory.
One of the best things about this process is that rather than unloading one item at a time, you can clear out vast quantities of bulk apparel inventory all at once. When you sell by pallet or truckload, you’ll move a lot of unwanted merchandise quickly.
Small businesses are just waiting to get their hands on your excess inventory, which they’ll then turn around and sell on the secondary market. And the competitive nature of the auction format ensures that you’ll get the best possible price for your excess goods. It’s truly a win-win solution: you recoup some of the costs of this dead stock inventory, keep your brand out of landfills, and buyers get a good deal on bulk goods they can then resell online or in their own stores.
B-Stock: Your Trusted Partner This liquidation process sounds simple, right? With the right partner, it can be.
The truth is, the liquidations market can be just as complex as your primary market. The best way to navigate this new marketplace is to team up with a company that knows it well. Let B-Stock be your trusted partner in the liquidation process.
B-Stock has been in the o..